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Budget Myths

Waste, fraud, and abuse, domestic discretionary programs and foreign aid receive a great deal of attention in the media, but are not a significant source of the nation's long-term budget woes.

Eighty percent of federal outlays are growing at an unsustainable pace and will contribute the most to our medium- and long-term budget woes in the coming decade.

View the entire economic commentary (pdf format)________________________________________________________________________Lincoln Savings Bank and LSB Financial are pleased to provide the above Economic Commentary for the week of November 20, 2012. The commentary is prepared by LPL FINANCIAL RESEARCH, the broker-dealer partner for Lincoln Savings Bank and LSB Financial. The above commentary and others like it can be found at www.mylsb.com/investments/commentary.aspx________________________________________________________________________This information is being provided by Lincoln Savings Bank (LSB) / LSB Financial, an Iowa-based institution devoted to providing complete financial services since 1902.http://www.mylsb.com/

Securities and Insurance products offered through LPL Financial and its affiliates, member FINRA / SIPC.

Not FDIC Insured

No Bank Guarantee

May Lose Value

Not a Deposit

Not Insured by any Federal Government Agency

Lincoln Savings Bank and LSB Financial are not registered broker/dealers, nor are they affiliated with LPL Financial. This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. Investment Representatives. LPL Financials U.S. Investment Representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all of the investments and services mentioned are available in every state.